Hillside, Milwaukee, WI53205

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$150,000
8.1% YoY Growth
Median Household Income
$30,300
40.9% 5-Year Growth
Days on Market
26
4.0% Longer than last year
Home Price Forecast
1.9%
Median Rent
$1,050
11.3% YoY Growth
1-Bed Rent
$1,030
24.4% YoY Growth
2-Bed Rent
$995
25.7% YoY Growth
3-Bed Rent
$1,400
4.5% YoY Growth

Property Listings — Hillside, Milwaukee, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in Hillside, Milwaukee, WI is 26. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$162,0000.0%
Listing Count
107.0%
Listings as % of Homes0.2%7.0%
Days on Market
264.0%
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Demographics — Hillside, Milwaukee, WI

As of the latest ACS Survey released in 2023, Hillside, Milwaukee, WI has a population of 9,090, which has decreased by -4.4% over the past 5 years. Hillside, Milwaukee, WI is a popular place for families, as children make up 33.1% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,090-4.4%
% Under 18
33.1%-11.3%
% Seniors
10.0%1.0%
% WFH
11.5%1,177.8%
% w/ College Degree
18.7%88.9%
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As of the latest ACS Survey released in 2023, Hillside, Milwaukee, WI is a predominantly black area, with 79.7% of the population identifying as black. The black population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Hillside, Milwaukee, WI is asian, making up 6.9% of the population. Foreign-born residents account for 5.8% of the population in Hillside, Milwaukee, WI, and this percentage has increased by 34.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
5.7%78.1%
% Black
79.7%-7.8%
% Hispanic
5.7%78.1%
% Asian
6.9%40.8%
% Foreign Born
5.8%34.9%
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Mortgage and Risk — Hillside, Milwaukee, WI

According to HUD data as of 2023, there were 66 mortgage originations in Hillside, Milwaukee, WI, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Hillside, Milwaukee, WI. Investor activity is low, as 5.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
66
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
5.0%
% Second Loans
2.0%
% Cash Out Refinance
21.0%

Loan Activity

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Rentals and Section 8 — Hillside, Milwaukee, WI

As of 2024, the percent of homes in Hillside, Milwaukee, WI under the Section 8 program is 43.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hillside, Milwaukee, WI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,575
Total Units Section 8
1,122
% Rentals under Section 8
43.7%
% Occupied Section 8
89.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$140$1,030$890
2 Bedroom$65$995$1,060
3 Bedroom-$80$1,400$1,320
4 Bedroom$190$1,250$1,440

Affordability — Hillside, Milwaukee, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.2
Median Home Price$150,000
Median Household Income$30,300

Hillside, Milwaukee, WI — ZIP Code Boundary Map

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Frequently Asked Questions